Daily BriefsSingapore

Singapore: Yangzijiang Shipbuilding and more

In today’s briefing:

  • Yangzijiang Shipbuilding: Get Involved

Yangzijiang Shipbuilding: Get Involved

By David Blennerhassett

  • Yangzijiang Shipbuilding (YZJSGD SP)‘s EGM will be held on 18 April to vote on the proposed spin-off and listing of the company’s investment segment, YZJ Financial Holdings Ltd (YZJFH).
  • This spin-off involves an in-specie distribution of YSJFH, with a possible listing by month-end.
  • YZJ’s shares have had a solid run since the initial restructuring announcement last November. There looks to be still more juice left in the trade. 

Before it’s here, it’s on Smartkarma